steadyaku47 comment : 9.16 AM Melbourne time and 6.16 AM Malaysian Time...while Riza Aziz and Red Granite is making headlines globally, there is nothing, zilch, kosong....on Riza and Red Granite in BERNAMA....check out their front page below...leading news item is:
What a sad and sorry state of affairs for BERNAMA.....and so millions of Malaysians will do what they always do now to get real news....the INTERNET.
GENERAL › MAIN
KUALA LUMPUR, July 20 (Bernama) -- A woman from Uzbekistan claimed she
was robbed and assaulted by a taxi driver in Bukit Beruntung today in
what is believed to be the second such incident in the past 48 hours.
KUALA LUMPUR, July 20 (Bernama) -- Local taxi drivers must have a high
level of integrity and provide the best service for tourists in an
effort to spice up the country's tourism sector, said Tourism and
Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.
GEORGE TOWN, July 20 (Bernama) -- The proposal to hold a snap election
clearly shows that the Penang DAP government is in a state of panic,
said Penang PAS commissioner Fauzi Mohd Yusof.
PEKAN, July 20 (Bernama) -- The wreckage of the trade vessel 'SS
Amherst' which is found on Sungai Pahang seabed at Kampung Tanjung Benut
in Paloh Hinai in early May, must be excavated to enable relevant
quarters to conduct in-depth study on Pahang history.
PORT DICKSON, July 20 (Bernama) -- Port Dickson is set to become a
premier international tourist centre once the International Maritime
Gateway or Image Port Dickson is completed in 42 months.
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Most Read News
1MDB: US moves to seize $1b in assets of Malaysian state-owned investment fund
Updated
In a stunning blow to Malaysia's political
establishment, the US Justice Department says it is moving to seize more
than $US1 billion ($1.34 billion) in assets allegedly tied to
corruption at state-owned investment fund 1MDB.
Key points:alert.
- Lawsuits appear to implicate Malaysian PM Najib Razak
- Largest ever case brought by US Justice Department's Kleptocracy Asset Recovery Initiative
- US Attorney-General issues warning to corrupt officials around the world
They include allegations that $US681 million ($910 million) from a 2013 bond sale by 1MDB was transferred to the account of "Malaysian Official 1", who is described in the lawsuits as a high-ranking official in the Malaysian Government who also held a position of authority with 1MDB.
"The Department of Justice will not allow the American financial system to be used as a conduit for corruption," US Attorney-General Loretta Lynch told a news conference in announcing the civil suit.
"Corrupt officials around the world should make no mistake that we will be relentless in our efforts to deny them the proceeds of their crimes."
1MDB and the Malaysian Prime Minister's office had no immediate comment.
Mr Najib was investigated in Malaysia after revelations that $US681 million was transferred to his personal bank accounts.
Malaysia's Attorney-General said in January the Prime Minister had not committed any crime, and that the money in his bank account was a political donation from the Saudi royal family.
Mr Najib has consistently denied any wrongdoing.
Saudi Foreign Minister Adel Al-Jubeir said in April funds wired into Mr Najib's personal bank account were a "genuine" donation originating from Saudi Arabia.
A spokesman for the Saudi embassy in Washington declined to comment on Wednesday.
Hopes money can be returned to Malaysians
The US lawsuits seek to seize assets "involved in and traceable to an international conspiracy to launder money misappropriated from 1MDB".
Money was stolen from the fund, moved through shell companies and hidden in the United States in purchases of high-end property and luxury items, prosecutors said.
The people and institutions named in the complaint have not been charged with crimes, but the Government wants to seize assets, among them luxury properties in New York and California, Monet and Van Gogh paintings and a Bombardier jet.
The Justice Department said it will seek to return recovered funds to Malaysia.
"The Malaysian people were defrauded on an enormous scale," FBI Deputy Director Andrew McCabe said at the briefing in Washington.
Najib's stepson 'relevant individual'
1MDB, which Mr Najib founded in 2009 shortly after he came to office, is being investigated for money-laundering in at least six countries, including the United States, Singapore and Switzerland.The lawsuits name Mr Najib's stepson Riza Aziz as a "relevant individual".
Mr Aziz is the founder of Red Granite Pictures, which produced the Oscar-nominated film The Wolf of Wall Street.
Red Granite said on Wednesday that none of the funding it received was illegitimate and nothing the company or Mr Aziz did was wrong.
But Leslie Caldwell, assistant US Attorney-General, said money was diverted from 1MDB bond offerings through a Swiss bank account and shell companies around the world to Red Granite.
"Of course, neither 1MDB nor the Malaysian people ever saw a penny of profit from that film," Caldwell told the briefing. The movie made $400 million at the box office worldwide.
Ms Caldwell said that all assets and rights to the movie would be seized as they stem from laundered money.
The lawsuits also named Malaysian financier Low Taek Jho, better known as Jho Low, and Abu Dhabi government officials Khadem Abdulla Al-Qubaisi and Mohammed Ahmed Badawy Al-Husseiny.
Mr Al Qubaisi and Mr Al-Husseiny are former officials at a sovereign fund in Abu Dhabi that participated in deals with 1MDB.
Sperately, Swiss prosecutors said on Wednesday they were helping their counterparts in the US in an investigation into cash allegedly stolen from 1MDB.
"In the frame of its current criminal proceeding, the OAG has also sent mutual legal assistance requests to different countries, including the USA," the Swiss Office of the Attorney General (OAG) said in a statement.
- Ex-Malaysian A-G planned to charge PM over deposits scandal
- Former Malaysian leader Mahathir Mohamad sues PM Najib Razak
- 'If you go quietly it's OK': ABC reporter describes frightening detention in Malaysia
- ABC Four Corners team arrested in Malaysia over reporting on corruption allegations
- Malaysian anti-graft agency seeks review of PM Najib probe decision
- Malaysian PM cleared over $980 million Saudi 'donation'
Topics:
law-crime-and-justice,
crime,
fraud-and-corporate-crime,
government-and-politics,
corruption,
malaysia,
united-states,
asia
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